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Stocks Fall In Argentina As Country Enters Default – Yahoo Finance

World Stocks Extend Slump on Wall Street Sell-Off – ABC News

“The full consequences of default are not predictable, but they are certainly not positive,” Pollack said. The holdouts, led by NML Capital Ltd., blamed Argentina for the failure to reach an agreement. In a statement, the hedge fund run by New York billionaire Paul Singer said the mediator had proposed “numerous creative solutions,” to resolve the standoff. “Argentina refused to seriously consider any of them, and instead chose to default,” it said. The hedge funds spent more than a decade litigating for payment in full rather than agreeing to provide Argentina with debt relief. Source: http://finance.yahoo.com/news/stocks-fall-argentina-country-enters-181458614.html

Stocks slump as earnings disappoint – Yahoo News

Small caps were even doing well this year up until recently. Almost all of the 2014 losses took place in July. The Russell 2000 slid more than 6% in two weeks after the index added some new stocks and got rid of others. Related: The Russell had been doing great before the rebalance Is this a cause for concern? Some investors view the performance of smaller stocks as a barometer for the economy since many small companies are more exposed to the United States than international markets. Source: http://money.cnn.com/2014/08/01/investing/small-stocks/index.html?section=money_latest

Done Stocks slump as earnings disappoint By STEVE ROTHWELL and KAY JOHNSON 37 minutes ago 0 shares . View photo Trader James Dresch, right, works on the floor of the New York Stock Exchange, Monday, June 30, 2014. European stocks were lower Wednesday July 30, 2014 ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. Source: http://news.yahoo.com/stocks-slump-earnings-disappoint-142144400.html